April 1, 2020 archive

Rick Perry warns US energy sector on verge of ‘massive collapse’ due to coronavirus pandemic

  Former Energy Secretary Rick Perry warned Tuesday on “Tucker Carlson Tonight” that the coronavirus pandemic has brought the United States’ once-thriving oil and energy sector to the verge of a “massive collapse.” Sweeping restrictions on work and travel have brought industrial activity to a near- standstill. Perry explained that fewer cars on the road and fewer flights in the air translate to a major decrease …

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Well completions still reported in Oklahoma

  A slowdown in drilling permits and completion reports is seen at the Oklahoma Corporation Commission in light of the oil price war and the impact of the coronavirus pandemic. But Camino Natural Resources Inc., based in Denver, Colorado and with assets in the SCOOP and Merge plays filed reports on two completed wells in …

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Permits to drill for March 31, 2020

Permits to drill issued on March 31, 2020. Custer County SWITZER #1-36-1XHM, March 30 2020 36 14N 14W NESENENE API: 03922586 Lat: 35.65051238283178, Long: -98.63317372122728 CONTINENTAL RESOURCES INC HH, DR, 23705 ft, MISSISSIPPIAN(12960), WOODFORD(14900) Grady County HALE #1-1X36X35X26H, March 31 2020 01 3N 6W NESWNWNW API: 05124777 Lat: 34.76655411660892, Long: -97.7891854723685 GULFPORT MIDCON LLC MU, DR, 26230 …

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Completion reports for March 31, 2020

Completion reports filed on March 31, 2020. BEAVER COUNTY Stephens Exploration Inc Chester(6556): Gas 266 Flow 33 5N 21E Ginger 1-33, March 22, 2018 SH, GAS, TD: 6828 ft Lat: 36.85269, Long: -100.79274 API: 35007257080000 CANADIAN COUNTY Camino Natural Resources Llc Mississippian(10353): Oil 450 Gas 4773 Water 2607 Flow 1 11N 8W Watch This 1208 36-25 2mxh, February 03, 2020 HH, OIL, TD: 20773 …

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Job furloughs hit major Colorado producer

  Nearly a month after cutting its budget by nearly 30% Houston-based Noble Energy, the second-largest oil and gas producer in Colorado started notifying hundreds of its employees they’ll be placed on unpaid furlough or moved to part-time work. The Houston-based company is reducing 30% of its work force to half-time hours or placing them …

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More problems for Air Force’s new KC 46 tankers

Those troubled new KC-46 tankers at Altus Air Force base in Southwest Oklahoma and McConnell Air Force base in Wichita, Kansas might have another problem—leading fuel lines. Boeing Co., already behind in its production of the new air refueling tankers revealed this week it added leaking fuel lines as a new Category 1 deficiency on …

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Whiting Petroleum enters Chapter 11 bankruptcy

  Less than a week after dipping into its credit source to the tune of $650 million, Denver-based Whiting Petroleum Corporation is heading to Chapter 11 reorganization bankruptcy. The company announced Wednesday it started Chapter 11 in the Southern District of Texas bankruptcy court and also did so after reaching agreement with some of its …

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Last coal power plant in New York closed this week

  New York State’s coal-burning era ended Tuesday when Somerset Operating Co. officially retired its power plant on the shore of Lake Ontario in Niagara County. It means the share of the state’s power generation coming from coal will fall to zero. “We were the last coal-fired plant in New York State,” plant manager Brian …

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Administration to consider plan to lease oil storage sites

  With the country’s main oil storage hub in Cushing, Oklahoma filling up, it’s reported that the Trump administration plans to lease out space for energy companies to store oil in the nation’s Strategic Petroleum Reserve. This, after a previous effort to buy millions of barrels for the emergency stockpile was canceled over a lack …

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